XML 248 R156.htm IDEA: XBRL DOCUMENT v3.22.4
Tax - Balance sheet related (Details 2)
SFr in Millions
 12 Months Ended
Dec. 31, 2022
CHF (SFr)
Dec. 31, 2021
CHF (SFr)
Dec. 31, 2020
CHF (SFr)
Tax effect of temporary differences      
Compensation and benefits SFr 654 SFr 844  
Loans 1,151 485  
Investment securities 992 1,257  
Provisions 648 1,358  
Leases 357 367  
Derivatives 184 58  
Real estate 241 258  
Net operating loss carry-forwards 9,435 7,120  
Net operating loss carry-forwards, after allocation of valuation allowances 141 881  
Goodwill and intangible assets 67 135  
Other 437 171  
Gross deferred tax assets before valuation allowance 14,166 12,053  
Less valuation allowance (10,208) (6,072) SFr (4,465)
Gross deferred tax assets net of valuation allowance 3,958 5,981  
Compensation and benefits (878) (973)  
Loans (2,298) (305)  
Investment securities (744) (722)  
Provisions (282) (298)  
Derivatives (286) (218)  
Leases (351) (358)  
Real estate (46) (46)  
Other (146) (108)  
Gross deferred tax liabilities (5,031) (3,028)  
Net deferred tax assets (1,073) 2,953  
Net deferred tax assets change (4,026)    
Net operating loss carry-forwards      
Due to expire within 1 year 4,081    
Due to expire within 2 to 5 years 4,772    
Due to expire within 6 to 10 years 12,780    
Due to expire within 11 to 20 years 9,118    
Amount due to expire 30,751    
Amount not due to expire 24,834    
Total net operating loss carry-forwards 55,585    
Movements in the valuation allowance      
Balance at beginning of period 6,072 4,465 4,136
Net changes 4,136 1,607 329
Balance at end of period 10,208 6,072 4,465
Tax benefits associated with share-based compensation      
Tax benefits recorded in the consolidated statements of operations 221 234 264
Movements in gross unrecognized tax benefits      
Balance at beginning of period 425 382 595
Increases in unrecognized tax benefits as a result of tax positions taken during a prior period 239 23 14
Decreases in unrecognized tax benefits as a result of tax positions taken during a prior period (434) (35) (249)
Increases in unrecognized tax benefits as a result of tax positions taken during the current period 46 54 90
Decreases in unrecognized tax benefits as a result of tax positions taken during the current period (41) 0 0
Decreases in unrecognized tax benefits relating to settlements with tax authorities (4) 0 (3)
Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations (15) (6) (17)
Other (including foreign currency translation) 11 7 (48)
Balance at end of period 227 425 382
of which, if recognized, would affect the effective tax rate 227 425 382
Interest and penalties      
Interest and penalties recognized in the consolidated statements of operations, Recoveries (5) 3 (16)
Interest and penalties recognized in the consolidated balance sheets SFr 59 64 61
US      
Movements in the valuation allowance      
Net operating loss carryforward period as per US tax law (in years) 20    
Switzerland      
Movements in the valuation allowance      
Net operating loss carryforward period as per Swiss tax law (in years) 7    
Bank      
Tax effect of temporary differences      
Compensation and benefits SFr 638 832  
Loans 209 319  
Investment securities 992 1,257  
Provisions 641 1,357  
Leases 229 228  
Derivatives 38 46  
Real estate 229 250  
Net operating loss carry-forwards 7,720 6,382  
Net operating loss carry-forwards, after allocation of valuation allowances 138 877  
Goodwill and intangible assets 67 135  
Other 418 151  
Gross deferred tax assets before valuation allowance 11,181 10,957  
Less valuation allowance (8,488) (5,338) (4,323)
Gross deferred tax assets net of valuation allowance 2,693 5,619  
Compensation and benefits (202) (355)  
Loans (1,190) (131)  
Investment securities (744) (722)  
Provisions (282) (297)  
Derivatives (286) (218)  
Leases (219) (216)  
Real estate (43) (38)  
Other (138) (98)  
Gross deferred tax liabilities (3,104) (2,075)  
Net deferred tax assets (411) 3,544  
Net deferred tax assets change (3,955)    
Net operating loss carry-forwards      
Due to expire within 1 year 4,008    
Due to expire within 2 to 5 years 3,301    
Due to expire within 6 to 10 years 4,247    
Due to expire within 11 to 20 years 9,118    
Amount due to expire 20,674    
Amount not due to expire 24,813    
Total net operating loss carry-forwards 45,487    
Movements in the valuation allowance      
Balance at beginning of period 5,338 4,323 4,067
Net changes 3,150 1,015 256
Balance at end of period 8,488 5,338 4,323
Tax benefits associated with share-based compensation      
Tax benefits recorded in the consolidated statements of operations 213 227 252
Movements in gross unrecognized tax benefits      
Balance at beginning of period 425 382 595
Increases in unrecognized tax benefits as a result of tax positions taken during a prior period 239 23 14
Decreases in unrecognized tax benefits as a result of tax positions taken during a prior period (434) (35) (249)
Increases in unrecognized tax benefits as a result of tax positions taken during the current period 46 54 90
Decreases in unrecognized tax benefits as a result of tax positions taken during the current period (41) 0 0
Decreases in unrecognized tax benefits relating to settlements with tax authorities (4) 0 (3)
Reductions to unrecognized tax benefits as a result of a lapse of the applicable statute of limitations (15) (6) (17)
Other (including foreign currency translation) 11 7 (48)
Balance at end of period 227 425 382
of which, if recognized, would affect the effective tax rate 227 425 382
Interest and penalties      
Interest and penalties recognized in the consolidated statements of operations, Recoveries (5) 3 (16)
Interest and penalties recognized in the consolidated balance sheets SFr 59 SFr 64 SFr 61